Category Archive For "Expat Insurance"
What Expats in Singapore Need to Know about Freelancing and Self-employment
In 2021, a staggering 13.6% of resident workers in Singapore were self-employed. This shows that it is definitely possible to begin freelancing if you have in-demand skills. It’s a bit trickier for expats, however, because you need to secure employment if you want to stay in Singapore long-term. This Pacific Prime Singapore article offers useful …
5 Best Places to Live in Malaysia
Malaysia is a popular destination for many groups of people such as expats and digital nomads, due to its low living costs and beaches. Each city’s cultural influences and experiences are unique. Malaysia has something for everyone thanks to its diversity. Malaysia is a stunning country with a rich history, diverse culture, and stunning landscapes. …
Outpatient Health Insurance in Singapore – Explained
In Singapore, outpatient insurance typically refers to health insurance covering medical expenses incurred outside of a hospital or clinic admission. This type of insurance typically covers expenses related to consultations with doctors or specialists, diagnostic tests, prescription medications, and other outpatient services such as physiotherapy or traditional Chinese medicine. In Lion City, healthcare remains one …
What MediSave Is and How It Works
MediSave is a program in Singapore that enables individuals to allocate a portion of their earnings for covering their own or approved dependents’ medical expenses, including hospitalization, day surgeries, specific outpatient costs, and future healthcare needs during their senior years. Can Expats Use MediSave in Singapore? Expats in Singapore cannot use MediSave, because MediSave is …
What Integrated Shield Plans are and How They Work
Singapore’s healthcare system is the envy of many other countries. Here, the majority of residents have enrolled in Integrated Shield Plans, which are private health plans designed to work with and supplement the government-mandated plan, so that they can enjoy even better healthcare services. Particularly if you are an expat thinking about becoming a Singapore …
Guide to Medical Insurance in Singapore for Foreigners
Singapore has one of the best healthcare systems in the world. That said, not everyone is eligible for free or low-cost treatments at Lion City’s cutting-edge facilities, which makes it absolutely essential for expats and digital nomads to secure medical insurance in Singapore for foreigners. Singapore’s healthcare system consists of a public sector that provides …
The Pros and Cons of the Singapore Healthcare System
Characterized by technology-driven facilities and first-rate practitioners, Singapore’s healthcare system is often hailed as one of the world’s best. But, like any system, it’s not perfect. Expats don’t get subsidies like locals or PRs do, and can face sky-high medical bills when accessing care. If you’re currently living in or planning to move to the …
An expat’s guide to living in Singapore: Best areas to live (Updated 2023)
If you’re wondering where to live in Singapore as an expat, you’re going to want to know what your options are. Singapore may be a small country, but don’t let its size fool you. Whether you’ve visited before or are thinking about moving to another area, you’ll know that there are many neighborhoods to choose …
3 tips to save money on health insurance in Singapore
Living in Singapore isn’t cheap. Year after year, the Lion City ranks near the top when it comes to locations with the highest living costs. Case in point: It ranked #8 in Mercer’s Cost of Living Index 2022. Whilst the city-state has an exceptional healthcare system, the costs of medical treatments are equally high – …
Should you pay for health insurance during a recession?
Recession is bad news. Occurring when there’s a significant decline in economic activity, recession is associated with negative gross domestic product (GDP), rising levels of unemployment, and falling retail sales over an extended period. While it’s an unavoidable aspect of the business cycle, Singapore has ruled out a recession – even though the city-state forecasts …
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